According to a market report by Lucintel, the future of the global bio based polyethylene terephthalate market looks promising with opportunities in the bottle, consumer good, automotive, and electronics markets. The global bio based polyethylene terephthalate market is expected to grow with a CAGR of 5% from 2024 to 2031. The major drivers for this market are the increasing demand for sustainable packaging solutions, the rising consumer preference for eco-friendly products, and the growing government initiatives promoting green alternatives.
A more
than 150-page report to understand trends, opportunity and forecast in global bio
based polyethylene terephthalate market to 2031 by source (sugar, molasses, and
corn), application (bottles, consumer goods, automotive, electronics, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts that, within the source category, sugar is expected to witness the
highest growth over the forecast period.
Within the
application category, bottle is expected to witness the highest growth.
Download
sample by clicking on bio
based polyethylene terephthalate market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Braskem,
Gevo, TEIJIN LIMITED, Anellotech, TORAY INDUSTRIES, Indorama Ventures Public
Company Limited, M&G Chemicals, NatureWorks, Novamont, Plastipak Holdings are
the major suppliers in the bio
based polyethylene terephthalate market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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